Scottish Life has posted record new business results for the 12 months to 31 December, with total life and pensions business valued at £2.4bn.

MOVERS & SHAKERS

The government has confirmed it will consult on proposals to make the process of automatic enrolment simpler.

The High Court has ruled two men and their two firms, Asset Land Investments and Asset L.I., ran a £15m illegal land bank by operating a collective investment scheme without Financial Services Authority (FSA) authorisation.

The government is due launch its "fully-funded solution" to the problem of how to pay for social care of the elderly.

Barclays is set to close its 'tax avoidance' unit and announce a series of job cuts in its annual results, according to reports.

Restrictions attached to the National Employment Savings Trust (NEST) should be scrapped immediately, according to a group of MPs.

The government is set to impose a £95,000 "stealth tax" on inheritance to help pay for care for the elderly, according to the Sunday Times.

THE WINNER IS

Standard Life has named David Tiller as head of platform propositions, in a newly created role.